Report: Microsoft To End Use Of Microsoft Points On Xbox Live

A new report says that an upcoming dashboard update of Xbox
Live will bring about a number of changes to the service - and discontinue the
use of Microsoft Points as retail currency on the network.

The news comes by way of the tech site The Verge. According
to Verge: "Microsoft will also phase out the use of its Points system
with this dashboard update, replacing it with currency and gift card
options."

The Verge report says that update, which should enter a
public beta in June or July and be pushed out to consumers in August, will also
update the look and feel of the user interface, and features "live
tiles" similar to what we've seen on Windows Mobile. For more detail, read
the original story on The Verge.